Things worth reading: 2nd November 2009

Things we're reading today include ...

UK Banks Break-up

Banks face a week of reckoning (Independent)
Darling & Kroes: Our banks’ future in their hands (Independent)
Alistair Darling to break up RBS and Lloyds as he banks on reform (Times)
Alistair Darling to outline plans to spend £30 billion buying bank shares (Telegraph)
Royal Bank of Scotland to be 84% nationalised (Times)
RBS risks investment bank sale in EC fight  (Telegraph)

Companies

Barclays and HSBC march on Moscow (Independent)
Tesco marches on to retail banking dominance (Independent)
Can Citigroup Carry Its Own Weight?  (New York Times)
Lehman Brothers art auction raises $1.34 million (Times)

Markets

Britain needs ‘£350bn of tax rises and spending cuts’ (Times)
Square Mile too secretive, says report (Independent)
Nine more bank failures (Big Picture)

Quote of the Day:

"Even actuaries are frisky after hours."
An adulterer run my pension fund? Fine by me (Times)

  

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